VCs: Would You Rather Be Yahoo or Google?
Today: Recent discussions about risk-adjusted returns in VC; Taleb’s tail-risk hedges; will you be Yahoo or Google?
The Agenda 👇
Maybe VCs should diversify across larger portfolios
Or maybe VCs should purchase tail-risk hedges
More diffraction: the BlackRocks and Vanguards of VC
Imagine it’s 1999. Would you rather be Yahoo or Google?